Sachin P Mampatta &Amp;Amp; Dev Chatterjee

Stories by Sachin P Mampatta &Amp;Amp; Dev Chatterjee

Getting compensation for tech glitches could be a tough task for investors

Getting compensation for tech glitches could be a tough task for investors

Rediff.com   4 Mar 2021

Lawyers say compensation may be an uphill task for investors because of a lack of judicial precedent and broader institutional difficulties.

What Adani is doing to prevent Mumbai's power outage

What Adani is doing to prevent Mumbai's power outage

Rediff.com   26 Feb 2021

'We are working in association with the state government and other transmission companies to make sure that the city never experiences blackouts'

Why large-cap PMS schemes failed to beat benchmark index

Why large-cap PMS schemes failed to beat benchmark index

Rediff.com   19 Feb 2021

Companies providing portfolio management services (PMS) had a tough time beating the benchmark index in January, with more than half of the schemes invested in large companies underperforming in the run-up to the Union Budget. The Nifty 50 index was down 2.5 per cent during the month. Only around 44 per cent of PMS schemes did better, among the schemes investing in large-cap companies. The analysis is based on data from industry tracker PMS Bazaar. Half the mid-cap schemes outperformed, while the rest underperformed.

New rules on holding firms may affect pension funds

New rules on holding firms may affect pension funds

Rediff.com   19 Feb 2021

The Union Budget 2021-22 has made it easier for sovereign wealth funds and pension funds to invest in Indian infrastructure projects, but some of the new rules may need more clarity, experts said. The proposed regime requiring investments through holding companies may have adverse tax implications for such funds and may create an arbitrage between the new and old projects, they said. Besides, the ownership structure of holding companies through which investments are to be made requires further clarification, they added.

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Lodha's Macrotech seeks debt moratorium as sales tank 69%

Rediff.com   18 Feb 2021

The pandemic caused construction delays at its ongoing projects due to several factors such as lockdowns enforced by government agencies, work-stoppage orders, disruptions in the supply of materials and shortage of labour resulted in failure to meet development milestones.

Winners and losers amid the Covid-19 pandemic

Winners and losers amid the Covid-19 pandemic

Rediff.com   5 Feb 2021

CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.

Indian Hotels in race to take over Mysuru's Lalitha Mahal Palace

Indian Hotels in race to take over Mysuru's Lalitha Mahal Palace

Rediff.com   4 Feb 2021

The palace, currently run by JLR, will be offered to bidders on a long-term management contract.

33 of 95 BSE100 cos INCREASED CAPEX

33 of 95 BSE100 cos INCREASED CAPEX

Rediff.com   4 Feb 2021

Acquisitions may have played a role in much of the increase.

1 million new investors entering the market on a monthly basis

1 million new investors entering the market on a monthly basis

Rediff.com   29 Jan 2021

Faster account opening, which allows investors to start trading without ever leaving their homes or visiting a physical branch of their local brokerage has played a role in the surge.

How Piramal managed to outbid Oaktree, Adani for DHFL

How Piramal managed to outbid Oaktree, Adani for DHFL

Rediff.com   24 Jan 2021

When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

COVID-19 impact: How India Inc is gearing up to tackle unforeseen risks

Rediff.com   23 Jan 2021

Companies are looking to combine risk management with strategy.

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Rediff.com   22 Jan 2021

Most of the hirings are, however, in the entry or junior level.

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Kumar Mangalam Birla has a piece of advice for India Inc on future crisis

Rediff.com   21 Jan 2021

While asking firms not to worry about sharp volatility in prices, Birla said companies must make sure they do not get caught in 'comorbidities'.

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

Rediff.com   18 Jan 2021

Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.

Franklin's voting process on six funds draws flak

Franklin's voting process on six funds draws flak

Rediff.com   15 Jan 2021

There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.

FPI registrations cross 10K for first time

FPI registrations cross 10K for first time

Rediff.com   13 Jan 2021

Equities in India saw record FPI inflows of $16.8 billion in November and December, taking the benchmark indices to new highs.

As Covid cases start declining, more people are returning to workplaces

As Covid cases start declining, more people are returning to workplaces

Rediff.com   8 Jan 2021

More people seemed to be returning to their workplaces towards the end of the year, even as railway and electricity numbers disappointed. Most other indicators held on to their gains.

Pandemic deals major blow to capex, spending down 88%

Pandemic deals major blow to capex, spending down 88%

Rediff.com   5 Jan 2021

While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre for Monitoring Indian Economy (CMIE), reports Sachin P Mampatta.

Small firms struggled to raise capital in 2020

Small firms struggled to raise capital in 2020

Rediff.com   5 Jan 2021

'SMEs got infected by Covid.'